Indicators or Studies are statistical analyses on price, time and volume with an effort to either explain current turn of events in the market or predict/forecast future prices
An Indicator can be added from
Every Indicator in your chart is seen as an object on a canvas layer. Consequently, every indicator/study is part of your Layers Panel.
The main components of an Indicator are:
Every indicator in the Layers Panel has a collapsible header showing the name and a few control buttons. Clicking on the Collapsible Header will open a drawer with detailed settings of the indicator.
Few common functions on all Objects in the Layers Panel
Lets see them in action
Right or simple click on a indicator tooltip/legend will open up a Context Menu with various controls to manage yoFur tool
Clicking on the Tooltip “Settings” icon will open up the Indicator Settings Dialogue. The panel is draggable and it has a memory coordinates built-in – meaning you can place it per your convenience on the browser
Click on the Indicator series legend and select “Add Indicator” option
A new Indicator selection menu will appear to choose from
All Indicators which derive its value from another indicator will have their underlying series mentioned in their own series legend.
Below is an example of a MACD built on a Simple Moving Average
Finally, these indicators will come with a derivative symbol [f′(x)] on the Layers Tab
The heart Icon next to every indicator in the Indicator Menu is used to favouritize the indicator
You manage your favourite combination of indicators using the Template feature
All Edge Coordinates are managed through the Price Axes Context Menu